MercoPress. South Atlantic News Agency
April consumer confidence rose in Argentina for the first time in five months
A closely watched gauge of Argentina consumer confidence rose for the first time in five months in May, according to a report published this week by Torcuato di Tella University, UTDT. Read full article
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Disclaimer & comment rulesAs Chief Vitalstatistix would say...:
May 26th, 2012 - 01:36 am - Link - Report abuse 0Maybe the sky will not fall on our heads tomorrow”
Chuckle chuckle©
A small improvement of next to nothing is not really an improvement at all. Prepare for Armageddon.
May 26th, 2012 - 05:54 am - Link - Report abuse 0Armageddon?
May 26th, 2012 - 06:00 am - Link - Report abuse 0Nothing to worry about...
We got Getafix's magic potion!
Liar. Argentina can't even afford the paper to print a bloody Asterix cartoon on :)
May 26th, 2012 - 06:15 am - Link - Report abuse 0By Toutatis!
May 26th, 2012 - 06:50 am - Link - Report abuse 0Olaf Timandahaf knows how to smiley!
Whilst you, my dear Cretinus Maximus, know bugger all.
May 26th, 2012 - 07:54 am - Link - Report abuse 0One swallow doen't make a summer.
May 26th, 2012 - 08:16 am - Link - Report abuse 0I guess if money is going to be in short supply, you buy goods to bargain with.
May 26th, 2012 - 08:17 am - Link - Report abuse 0You know, it was only a couple of months ago that O'Gara (the fake Irish person) was screaming that 'everyone feels rich in Argentina!' I guess that statement was as fake as O'Gara.
Consumer confidence?
May 26th, 2012 - 09:01 am - Link - Report abuse 0I would suggest more like panic buying before the peso crashes.
Since the average Argentine can't save his money in traditional ways, they flock to dispose of their soon to be heavily devalued pesos on durable goods.
May 26th, 2012 - 12:23 pm - Link - Report abuse 0This may sound strange to most people, but Argentina is special, for example it's the only country I know of where you buy a new car and a few years later you can sell it for more than what you paid for it . YES cars actually APPRECIATE in Argentina. Also the Euro is worth less than the greenback in the informal market. Very strange indeed.
Think/Marcos grasps at single pieces of data and wants to believe it is a trend. He is not the sharpest tack...
May 26th, 2012 - 12:56 pm - Link - Report abuse 0Paraguay is charging Argentina 30% more for electricity..What? Didn't it just go up 150%?
Winter black outs are fun! Hard to run a factory though....
Based on the patronizing here, you would think the USA is growing at 7% a year, the EU has full employment, the UK's revenues are booming, and countries like Chile or Brazil have a CLEAR higher human development than Argentina.
May 26th, 2012 - 01:35 pm - Link - Report abuse 0I'm sure they do, otherwise honorable people woudn't be talking smack about another country without fixing their pressing probems first.
uuuuuuggghhhhh...
So no black outs yet? I hear it might get a little chilly in a couple weeks do you think they'll start then? Did CFK ever say when the nat gas will actually run out or do they like to keep everyone guessing?
May 26th, 2012 - 01:53 pm - Link - Report abuse 0@12
May 26th, 2012 - 03:30 pm - Link - Report abuse 0Other countries wouldn't be trying to annex another smaller peacefull country whilst their own was in such a mess.
The anti Argentine posts you recieve here are generated by your own Governments foolishness & inability to admit to the people what is actually going on, and to then try and slander the UK? you get what you deserve.
I here candle production/imports may be up in Arg soon.
The reason consumer confidence has risen in April, and will continue to do so in May is the difficulty of getting dollars, certainly in the interior of the country. The alternative is to exchange or rapidly devaluing pesos for consumer products, even overpriced locally put together ones, rather than totally lose one's hard earned cash.
May 26th, 2012 - 03:58 pm - Link - Report abuse 0So, in summary:
May 26th, 2012 - 04:40 pm - Link - Report abuse 01) “consumer confidence index rose 5.9% from April to 46.43”;
2) ”but was down 16.4% from May 2011.
So, you were 22.3% behind 2011!
And that was with everybody who could, buying everything they could - to 'protect' their money from the thieving bastards aka 'The Government'. Some misnomer, surely.
Armageddon approaches!
11 yankeeboy Talking to me Fred?
May 26th, 2012 - 10:06 pm - Link - Report abuse 0You say “Winter black outs are fun!”
I know, you should be used to it baldy.
’Friday the 13th’ blackout brings Washington, D.C. to a halt
A power outage brought much of the nation’s capital to a standstill for more than two hours today as the White House went to a backup generator, stranded commuters escaped the snarled Metro by trudging up stalled escalators and federal workers milled outside darkened buildings”
http://bostonherald.com/news/national/south/view/2008_06_13__Friday_the_13th__blackout_brings_Washington__D_C__to_a_halt
Like this page to stop the blockade on the islands!
May 26th, 2012 - 10:56 pm - Link - Report abuse 0Boycott Argie Malbec
http://www.facebook.com/pages/Boycott-Argie-Malbec/369568409759454
@14
May 27th, 2012 - 01:04 am - Link - Report abuse 0Cheap excuse. People like you simply use the Falklands row as an excuse to make your anti-argy legitimate.
19 tobias (#)
May 27th, 2012 - 01:35 am - Link - Report abuse 0May 27th, 2012 - 01:04 am
Wrong, I don't think any of the Brits who comment on Mercopress really have any feelings about Argentina except those brought on by the claim to the Falkland and oyther South Atlantic Islands.
Britain was always pretty pro-Argentina until Perón started the Malvinas thing in 1941.
(20) Simon68
May 27th, 2012 - 05:14 am - Link - Report abuse 0It wasn’t Perón that ”started” the Malvinas Issue in 1941.
It wasn’t Kirchner that ”started” the Malvinas Issue in 2003.
It was the British Empire that ”started” the Malvinas Issue in 1833.
Since then, the Malvinas Issue has always been present.
Just a pair of examples for you….:
Luciano Palacios about Malvinas, 1933…:
www.elhistoriador.com.ar/frases/miscelaneas/alfredo_palacios_sobre_la_soberania_de_las_islas_malvinas.php
José Hernandez about Malvinas, 1869…:
www.elhistoriador.com.ar/articulos/dictadura/jose_hernandez_y_la_soberania_sobre_malvinas.php
Learn your Country’s history instead of parroting British lies in here, or anywhere………………..
20 Simon68
May 27th, 2012 - 12:23 pm - Link - Report abuse 0You are absolutely correct. Before I came to Uruguay I looked at all of the legitimate countries in LatAm starting with Argentina.
I knew about the Falklands (there are no Malvinas) of course but just did not realise how bad things were in general in Argentina. Civil unrest on a daily basis, corruption all the way through the system (especially if you include tax avoidance) criminality rife within the police. I soon realised there was no way I could bring my wife to Argentina.
Since posting here I have had my worst fears confirmed about your poor country. It could be so different if only.
@21 'I don't Think' aka The Turnip in Chief.
I don't usually waste my time responding to serial obfurscators but you seem not to know your own history very well or have you forgotten 'The Perfect Peace' Agreement of 1850? You know, the one where Argentina (not Spain) signed that all was well between them on Great Britain.
No more wailing, crying and stupid history distortion until the Chief Peronista himself came on the scene. 91 years was it of peaceful co-existence?
So who was lying to Simon68: clue - try looking in a mirror, if you have one that is not cracked.
Why do people keep saying Peron started it in 1941, factually that can't be possible as Peron was an obscure Colonel in 1941, the coup in which he took at first a junior role wasn't until 1943!
May 27th, 2012 - 05:28 pm - Link - Report abuse 0On the article, it seems confidence is going up despite some negative objective factors caused by the slowdown in Brazil and the world crisis (so outside Cristina's control), Cristina must be doing something right =)
More information from the Ministry of Propaganda but you can't hide the 30% inflation and wage rises averaging 5%. There's a storm brewing...
May 27th, 2012 - 06:13 pm - Link - Report abuse 019 Tobias
May 27th, 2012 - 07:05 pm - Link - Report abuse 0You grossly overestimate how much anyone from the UK or the Falklands would be interested in Argentina if it wasn't for the way they are treating the Falklands.
People, we need to look at REALITY. Think back over all the years and all the examples in verious totalitarian regimes.
May 27th, 2012 - 07:17 pm - Link - Report abuse 0First of all, we have the “diversion” of “events” that incense the entire population. How could anyone doubt that the caring government has worked, tirelessly, despite immense difficulties, for the heartfelt wishes of the population. Not taking more than billions for itself.
And now “consumer confidence”, ably led by the philanthropic La Campora who have billions in disposable income, is on the rise. Of course we cannot be sure that La Campora is leading the way. Without their headscarves, masks, baseball bats and petrol bombs, who could tell?
Don't you just love scams? No economy “recovers” across all sectors. Some sectors move more easily than others. Some don't move it all.
But, hey, Cristina will solve it all. What a shame that Jesus changed sex before the Second Coming? It's a miracle. The Saviour of the World turned into a lying, scheming, thieving witch.
One bit of good news: We can thanks our respective deities and demi-Gods, CFKC made it clear in her speech yesterday that she does not want another term in office. I doubt she will see this one out.
May 27th, 2012 - 08:00 pm - Link - Report abuse 0#26 “But, hey, Cristina will solve it all. What a shame that Jesus changed sex before the Second Coming?”
May 27th, 2012 - 09:14 pm - Link - Report abuse 0You really are obsessed with all things LGBT!
#27 Time enough for her to change her mind, god willing. Anyway theres no need for her to be a lame duck President yet, theres a lot she can do between now and late 2015, and the constitution issue can be raised again later in the cycle if the people and political forces want it. Anyway in the same speech she said “There were two administrations, but one same political project,” about her and Nestor's governments; why not a 3rd on the same lines?
@16 ChrisR Good point, a better headline for this article would be “Consumer confidence down by 16.4%” as that's a more accurate like-for-like comparison (consumer confidence being fairly seasonal).
May 28th, 2012 - 04:38 pm - Link - Report abuse 0Latest inflation news - based on PriceStats' figures, Argentine inflation was 3.05% last month (19 April to 18 May). That works out at 43.6% annual equivalent.
I'm surprised there are any used cars on forecourts right now!
@29
May 28th, 2012 - 07:43 pm - Link - Report abuse 0With the runaway inflation you have to take into consideration the average Argentinian annual wage increase which is about 5%. This only means one thing: there is an economic storm brewing...
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